In this application you will have to explain:
- What your idea is & how it would work
- What your budget would be (what you need to spend money the on)
- How much you would charge people for your product / service / event
- What your back up idea would be if your first one doesn’t work out
Once you have completed this, hand your application to your school MyBnk to see if it gets approved...
To find out more about applying for a loan, how much you can borrow and get some advice on making sure your business idea is a success go to your school MyBnk.